Sale Creek, Hamilton County, Tennessee Property Taxes
Median Sale Creek, TN effective property tax rate: 0.56%, significantly lower than the national median of 1.02%, but lower than the Tennessee state median of 0.64%.
Median Sale Creek, TN home value: $148,300
Median annual Sale Creek, TN tax bill: $801, $1,599 lower than the national median property tax bill of $2,400.
How are property taxes in Hamilton County calculated?
Property taxes in Sale Creek, TN are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Sale Creek’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sale Creek, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sale Creek, Hamilton County, Tennessee Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.56%
Estimate Property Tax Bill
$830
$771
Property Tax Rates Across Sale Creek, Hamilton County, Tennessee
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates the budget required to provide essential services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although the process involves votes and laws, this is the simplified annual procedure.
In Sale Creek, located in Hamilton County, Tennessee, the effective property tax rate is notably lower than both the state and national medians. While Tennessee's median property tax rate is already below the national median of 1.02%, Sale Creek's rate is even more favorable. This makes Sale Creek an attractive option for property owners seeking lower tax obligations. When compared to other cities within Tennessee, Sale Creek offers a competitive advantage with its tax rate, which is a significant consideration for potential homeowners and investors. With the national median property tax bill at $2400, Sale Creek's advantageous rate can lead to substantial savings, enhancing its appeal as a desirable location for owning property.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Sale Creek Tax Rate
0.56%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Hamilton County Tax Rate
0.56%
Median Effective Tennessee Tax Rate
0.64%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sale Creek, Hamilton County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37373 | 0.50% | 0.56% | 0.56% | 0.56% | 0.56% |
Source: Ownwell
Property Tax Assessment Values Across Sale Creek, Hamilton County, Tennessee
When examining property taxes in Sale Creek, TN, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Hamilton County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Hamilton County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Sale Creek. For example, the median home price in Sale Creek is $148,300, with tax bills ranging significantly across the county. Zip code 37373 has the highest median home price at $148,300.
Property Tax Assessment Values Across Sale Creek, Hamilton County, Tennessee
Source: Ownwell
$44,900
$299,425
$553,950
Median Sale Creek Market Value
$148,300
Median Hamilton County Market Value
$194,600
Median Tennessee Market Value
$173,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sale Creek, Hamilton County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37373 | $45,150 | $84,825 | $148,300 | $247,675 | $388,050 |
Source: Ownwell
Property Tax Bills Across Sale Creek, Hamilton County, Tennessee
Median Sale Creek Tax Bill
$801
Median Hamilton County Tax Bill
$1,209
Median Tennessee Tax Bill
$1,206
Median United States Tax Bill
$2,400
Property Tax Bills Across Sale Creek, Hamilton County, Tennessee
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 37373 | $248 | $465 | $803 | $1,301 | $1,982 |
Source: Ownwell
